Answer:
Item Assets Liabilities Stockholders’ Paid-in Retained Net
Equity Capital Earnings Income
1. Increase No effect Increase No effect Increase Increase
2. No effect Increase Decrease No effect Decrease No effect
3. No effect No effect No effect No effect No effect No effect
4. No effect No effect No effect No effect No effect No effect
5. Decrease No effect Decrease No effect Decrease Decrease
6. Decrease Decrease No effect No effect No effect No effect
7. No effect Increase Decrease No effect Decrease Decrease
8. No effect No effect No effect Decrease Decrease No effect
9. No effect No effect No effect No effect No effect No effect
Answer:
A. Cash Budget
Explanation:
Cash budget is a form of budget showing the estimated cash flow for a business operation over a given period of time. Its important because it shows or rather indicates whether or not a business or an organization has enough cash for it's operations. It shows the inflows and outflows for a specified amount of time for a given business. It helps avoid shortage of cash in periods where company experiences high amount of expenses. Garry would look to develop a cash budget as it would help him in understanding and organizing his finances.
Answer:
Walmart, MacDonald's and Payless ShoeSource.
Explanation: Cost Leadership is a business strategy where a comoffers products and services with acceptable quality and features to customers at a very low price.
Yes they should advertise their products and services, actually some of them use advertising slogans like "why pay more when you can pay less" "Always low prices" and " save money" Used by Walmart.
Advertising which is usually a way to tell people about what you do and why you should do it with them or through them, tells people about changes in their prices and introduction of new products.
Again, it will amaze you to know the a lot of people don't know about these companies yet. It helps them to reach more people and this in turn increases their sales.
Answer: Option (d) is correct.
Explanation:
According to the comparative advantage, a nation has a comparative advantage in a production of certain good if the opportunity cost of producing that good is lower than the other country.
Here, Germany both exports and imports watches. This is because of the difference in the opportunity cost of producing two kind of watches that are High-end and low-end watches. So, it is possible that Germany has lower opportunity cost of producing high-end watches than the other countries, therefore, it exports high-end watches. Hence, it has a comparative advantage in producing high-end watches.
Alternatively, it is possible that Germany has higher opportunity cost of producing lower-end watches than the other countries, therefore, it imports low-end watches.
Answer:
b. False
Explanation:
A warranty disclaimer is defined as a written document or a statement which informs the buyer that the seller of the product is not or guarantees or any promises regarding the product.
This disclaimer releases the seller from any legal liabilities for any defects or failure of the products.
Thus, the answer is False.